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1098 — Road King Infrastructure News Story

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Brief: Road King Infrastructure, Unit Entered Into Restructuring Support Agreement

BRIEF-Road King Infrastructure, Unit Entered Into Restructuring Support Agreement

- Road King Infrastructure Ltd 1098.HK:

  • CO UNIT AGREED PRINCIPAL TERMS OF RESTRUCTURING, ENTERED INTO A RESTRUCTURING SUPPORT AGREEMENT

  • AS AT MAY 27, INITIAL CONSENTING CREDITORS HOLD 27.7% OF OUTSTANDING EXISTING NOTES AND PERPETUAL SECURITIES

  • CO INVITES ALL EXISTING DEBT CREDITORS TO ACCEDE TO RESTRUCTURING SUPPORT AGREEMENT

  • RESTRUCTURING DESIGNED TO ESTABLISH LONG-TERM AND SUSTAINABLE CAPITAL STRUCTURE FOR GROUP, OTHERS


Further company coverage: 1098.HK


((Reuters.Briefs@thomsonreuters.com;))

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